Vietnam: Industrial production growth edges down in May
May 27, 2017
In May, industrial production rose 7.2% over the same month last year, which was down from the 7.4% rise in April. Looking at the sub-components of industrial production, manufacturing output rose a solid 11.2% in May, while mining and quarrying output contracted sharply for yet another month.
In month-on-month terms, industrial production expanded 1.7% in May (April: -0.8% mom). Meanwhile, the annual average growth of industrial production was stable at 7.4% in May.